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- Title
Taxation, Labor Market Policy and High-Impact Entrepreneurship.
- Authors
Henrekson, Magnus; Johansson, Dan; Stenkula, Mikael
- Abstract
Public policy affects the prevalence and performance of both productive and high-impact entrepreneurship. High-impact entrepreneurship prospers when knowledge is successfully generated and exploited in the economy. This process depends on complementary key actors who use their competencies in what we denote a competence bloc. Although variations in economic contexts make prescribing a general panacea impossible, a number of relevant policy areas that affect key actors can be identified. In this paper this is done in the areas of tax policy and labor market policy. It is shown that high and/or distortive taxes and heavy labor market regulations impinge on the creation and functioning of competence blocs, thereby reducing high-impact entrepreneurship.
- Subjects
ENTREPRENEURSHIP; EMPLOYMENT policy; TAXATION; FISCAL policy; TRADE regulation
- Publication
Journal of Industry, Competition & Trade, 2010, Vol 10, Issue 3/4, p275
- ISSN
1566-1679
- Publication type
Article
- DOI
10.1007/s10842-010-0081-2